Bangalore surpasses Mumbai as India's most expensive city, according to RBI's CPI. High living costs attributed to the IT industry and inflated prices of essential goods.
A developer warns against misleading real estate reports, emphasizing the rising input costs. However, opting to rent may be a smarter financial decision.
Building age significantly impacts rental value. Older buildings, especially those over 20 years old, lose market value due to outdated fittings and reduced elegance.